Lennar Saratoga Springs, Utah

Wander

Master-planned community on Utah Lake's north shore with multiple home collections. Features lake access, trails, parks, and modern amenities.

Price Range $400,000 – $680,000

Bedrooms 3 – 5

Bathrooms 2.0 – 3.5

Square Footage 1,500 – 3,400

Home Type Single Family

Status Under Construction

Monthly Payment Estimator

Home Price $540,000

Loan Type

Estimated Total Monthly —

Principal & Interest —

PMI —

Property Tax (est.) —

Homeowner's Insurance —

With Builder Rate Buydown

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Get Your Exact Payment

Estimates for comparison only. Your actual payment depends on credit score, rate lock, lender fees, and loan terms. Property tax uses Utah avg ~0.58% of home value. Insurance estimated at $1,200/yr. PMI/MIP rates are approximate.

Interested in Wander?

Get independent guidance on pricing, incentives, and the buying process.

Get Info Call (385) 213-2095

Location

Map shows approximate community location in Saratoga Springs, Utah.

Current Incentives

Builder Incentives at Wander

Included Upgrades

Everything's Included Package

Premium countertops, stainless steel appliances, smart home tech, and solar panels included at no extra cost on every Lennar home.

$30,000+ in included features

Rate Buydown

Rate Lock Program with Preferred Lender

Lock in a competitive rate with Lennar's preferred lender. Includes rate buydown options to lower your monthly payment.

Up to $20,000 value

How we calculated this

Understanding Your Payment Estimate

Conventional (20% down)

The standard option. No private mortgage insurance (PMI) required because you're putting 20% down. Lowest monthly payment but highest cash upfront.

Down payment on a $540,000 home: $108,000

Conventional (5% down)

Lower cash upfront, but PMI is added (~0.5% of loan/yr) until you reach 20% equity. PMI typically drops off automatically once you hit 78% loan-to-value.

Down payment on a $540,000 home: $27,000

FHA (3.5% down)

Government-backed loan with lower credit requirements. Includes upfront MIP (1.75% of loan, usually rolled in) plus annual MIP (~0.55%/yr) for the life of the loan on most terms.

Down payment on a $540,000 home: $18,900

VA (0% down)

Available to veterans and active military. No down payment, no PMI. There is a one-time VA funding fee (typically 2.15% for first use) which is usually rolled into the loan.

Down payment: $0 (VA funding fee applies)

Which loan is right for you? It depends on your situation. A lower down payment keeps more cash in your pocket for upgrades, moving costs, or reserves — but it increases the monthly payment. We help you compare all options side by side so you can make the best decision for your family.

Talk through your options

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